Prepaid Expenses – Felix

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Tag: Prepaid Expenses

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Accounting for Expenses Workout

Income Statement
Accounts Payable, Balance Sheet Transactions, COGS, Expense Recognition, General & Administrative (SG&A), Income Statement Expenses, Matching, Operating Profit, P&L, Prepaid Expenses, Retained Earnings, Selling

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Operating Working Capital Workout

Working Capital
Accounts Receivable, Current Assets, Current Liabilities, Deferred Revenue, Operating Current Assets, Operating Current Liabilities, Operating Working Capital, Prepaid Expenses

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CPE

What is CPE?

CPE stands for Continuing Professional Education, by completing learning activities you earn CPE credits to retain your professional credentials. CPE is required for Certified Public Accountants (CPAs). Financial Edge Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

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For self study programs, 1 CPE credit is awarded for every 50 minutes of elearning content, this includes videos, workouts, tryouts, and exams.

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CPE exams do not count towards your FE certification. You do not need to complete the CPE exam if you are not collecting CPE credits, but you might find it useful for your own revision.

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